Manager Rates Product Control at Commonwealth Bank
Sydney, New South Wales, Australia -
Full Time


Start Date

Immediate

Expiry Date

22 Oct, 25

Salary

0.0

Posted On

22 Jul, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Financial Services

Description

“AT COMMBANK WE ARE PROUD TO SUPPORT FLEXIBILITY, LET’S DISCUSS WHAT THIS MEANS FOR YOU”

Institutional Banking and Markets (IB&M) is responsible for managing the Group’s relationships with major corporate and government clients and institutional investors, and provides a full range of capital raising, transactional and risk management products and services. IB&M Finance supports the business in providing financial control, financial analysis and insight, product control, regulatory accounting and related project and strategy implementation support.
Product Control is a global team responsible for the independent oversight and financial control of the Global Markets business. Key functions include oversight of all daily P&L production and analysis including attribution and commentary, month end accounting, General Ledger balance sheet reconciliations and other special tasks of the business across the full product range.

Responsibilities
  • Managing the product control function for Interest Rates & Derivatives desks
  • Review of daily, monthly and quarterly P&L results and analysis in line with market moves, P&L drivers and risk positions
  • Managing of junior team member(s)
  • Partnering Front Office on strategic desk initiatives
  • Ensuring the accuracy and integrity of product source system data interfacing the general ledger
  • Review of balance sheet substantiation and month end ledger close
  • Preparation of data for statutory and regulatory reports
  • Ongoing enhancements to improve efficiency and controls and add value to the businessLeading and participating in project wor
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